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Manulife Financial (TSX:MFC) Scaled Net Operating Assets : 0.05 (As of Sep. 2024)


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What is Manulife Financial Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Manulife Financial's operating assets for the quarter that ended in Sep. 2024 was C$929,746 Mil. Manulife Financial's operating liabilities for the quarter that ended in Sep. 2024 was C$887,769 Mil. Manulife Financial's Total Assets for the quarter that ended in Jun. 2024 was C$915,273 Mil. Therefore, Manulife Financial's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.05.

Manulife Financial Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Manulife Financial's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(855236-814109)/833689
=0.05

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=875574 - 20338
=855236

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=826847 - 12144 - 594
=814109

Manulife Financial's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2024 )
=(Operating Assets (Q: Sep. 2024 )-Operating Liabilities (Q: Sep. 2024 ))/Total Assets (Q: Jun. 2024 )
=(929746-887769)/915273
=0.05

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=952630 - 22884
=929746

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=900991 - 13222 - 0
=887769

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Manulife Financial Scaled Net Operating Assets Related Terms

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Manulife Financial Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Manulife Financial Corp (TSX:MFC) » Definitions » Scaled Net Operating Assets
Comparable Companies
TSX:GWO TSX:POW TSX:ELF TSX:SFC SHSE:601628 SHSE:601318 HKSE:01299 BOM:543526 AFL MET PRU SHSE:601601 TPE:2881 TPE:2882 TSE:8750 LSE:PRU BOM:540719 BOM:540777 SHSE:601336 UNM
Traded in Other Exchanges
MNLCF.PFD:USA MFC:USA MFC:Philippines MFC:Mexico 00945:Hong Kong 0V5H:UK MLU:Germany MFC.PR.Q.PFD:Canada MFC.PR.P.PFD:Canada MFC.PR.N.PFD:Canada MFC.PR.M.PFD:Canada MFC.PR.L.PFD:Canada MFC.PR.K.PFD:Canada MFC.PR.J.PFD:Canada MFC.PR.I.PFD:Canada MFC.PR.F.PFD:Canada MFC.PR.C.PFD:Canada MFC.PR.B.PFD:Canada
Address
200 Bloor Street East, Toronto, ON, CAN, M4W 1E5
Website
https://www.manulife.com
Manulife Financial provides life insurance, annuities, and asset management products to individuals and group customers in Canada, the United States, and Asia. Its investment management business contributes approximately 20% of its earnings and has around CAD 1.05 trillion in assets under management and administration as of the end of 2023. The US business, which primarily operates under the John Hancock brand, contributes about 27% of earnings and is mainly focused on providing insurance products for estate, business, and income protection. The Asia segment provides insurance products and insurance-based wealth accumulation products in over 11 countries and contributes around 30% of earnings. The Canadian business segment contributes approximately 23% of earnings.
Executives
Kenneth Michael Ross Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Steve Finch Senior Officer
Rahim Hirji Senior Officer
Brooks Tingle Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Rocco Gori Director, Senior Officer
Philip James Witherington Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Trevor Kreel Senior Officer
Tin Ku Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Anthony Alex Silva Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Scott Hartz Senior Officer
Damien Allen Green Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
James D. Gallagher Senior Officer
Paul Lorentz Senior Officer
Donald Richard Lindsay Director
Marianne Harrison Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer